BetMGM Bonus Code 'CVRBONUS1500': Get Up To $1,500 Bonus Bets Back for Super Bowl LIX

With our exclusive BetMGM bonus code you get bonus bets back if your first bet loses.

Neil Parker - Analyst at Covers.com
Neil Parker • Betting Analyst
Feb 8, 2025 • 11:25 ET • 3 min read
BetMGM Bonus Code for Chiefs vs Eagles
Photo By - IMAGN IMAGES

The Kansas City Chiefs and Philadelphia Eagles will go head-to-head in Super Bowl 59 on Sunday, February 9, and BetMGM has an exciting welcome offer for new users. By using the BetMGM bonus code "CVRSBONUS1500," you'll land up to $1,500 in bonus bets when you placing your first bet. This offer is perfect for betting on Super Bowl 59 between the Chiefs and Eagles — and best of all, if your first bet isn't a winner, BetMGM will even refund your stake in bonus bets.

BetMGM Logo
$1,500 in Bonus Bets
CVRBONUS1500

Here's how the BetMGM $1,500 First Bet offer works for new users

When signing up with the BetMGM bonus code "CVRSBONUS1500," you’re immediately eligible to claim the great new customer offer. To qualify, you have to make a minimum $10 deposit and place your first real-money bet. Best of all, if your first bet isn't a winner, BetMGM will refund your entire stake, up to $1,500, in bonus bets.

These bonus bets will be returned in increments that depend on the size of your first wager.

If your first wager is more than $50, you’ll receive five bonus bets, each worth 20% of your first bet. If you place a bet of less than $50, you’ll receive one bonus bet equal to the amount of your first wager. Regardless of how much you bet, the total bonus will always match the amount of your losing bet, up to $1,500.

This offer is available in the majority of states where BetMGM operates, but it’s important to note it’s not available in Washington D.C., Nevada, or New York. The bonus bets you receive will be valid for seven days, so make sure to take advantage of them before they expire. For additional information, please consult our BetMGM Review.

Unlock these Super Bowl betting promos with BetMGM

BetMGM All Users
Get your stake back in bonus bets if your first TD scorer bet scores the 2nd TD of the game! Claim Now

BetMGM All Users
Place a $10+ anytime TD wager & get a share of $250K in bonus bets if they score the longest TD! Claim Now

BetMGM odds for Chiefs vs Eagles


Offer available to first-time customers in the following states: AZ, CO, IL, IN, IA, KS, LA, MD, MA, MI, MS, NC, NV, NJ, OH, PA, TN, VA, WV, WY. Not intended for use in MA. Not available to new bettors in DC, NV, or NY. Not available to residents of Ontario, CA.

How to take advantage of our BetMGM bonus code for a First Bet on Super Bowl 59

Register: Begin by signing up for a new BetMGM Sportsbook account. You’ll need to provide some personal information, including your name, email address, and date of birth. While registering make sure to enter the BetMGM bonus code "CVRSBONUS1500" to take advantage of the offer.

Deposit Funds: Following registration, deposit at least $10 into your new account. There are a variety of payment options to choose from to fund your account.

Place a Bet: Make a real-money wager on any sports market, including Super Bowl 59 between the Chiefs and Eagles. If your first wager isn't a winner, BetMGM will refund your stake in bonus bets.

Withdraw Winnings: If your wager is a winner, you can withdraw your winnings immediately. If you receive bonus bets, they’re required to be used before you can access any winnings. Note that the bonus bet stake is not included in the payout, but you’ll still have the chance to place additional bets on future sporting events.

For further details, please visit our BetMGM Review.


Sportsbook promos comparison

Choosing the right sportsbook promo for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.

BetMGM DraftKings FanDuel
Current Bonus $1,500 Bonus Bets Back Bet $5, Get $200, Win or Lose Bet $5, Get $200, If Your Bet Wins
Promo Code CVRBONUS1500 None Required None Required
Bonus Type Second Chance Bet Bet & Get Bet & Get
Bonus Amount One (< $50) or five (> $50) bonus bets $200 Bonus Bets $200 Bonus Bets
Wagering Period Seven Days Seven Days Fourteen Days
Min. Deposit $10 $5 $5

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

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Betting Analyst

Neil Parker is, first and foremost, a sports fan. A huge supporter of the Cowboys, Cubs, and Maple Leafs, he has managed to parlay his passion into writing gigs with Sportsbook Review, USA TODAY, theScore, DraftKings Playbook, and RotoWire, among many others. He also co-hosted the Daily Fantasy Edge podcast and can now be seen offering expert golf and hockey advice on Covers’ Before you Bet broadcast.

Neil takes a numbers-based approach to his handicapping and complements his in-depth statistical analysis with a keen eye on the markets to provide the best available odds. He loves to lean on his rolodex of idioms to offset his inner nerd. When it comes to wagering, he throws down on anything that catches his eye at bet365, Betway and BetVictor. He also keeps a close eye on CoolBet because the polar bear brand often has outlier NHL and NFL moneyline prices.

Neil graduated with honors from St. Thomas University in 2007 before completing his BEd at Acadia University in 2010. After teaching a myriad of courses and subjects, he found a groove delivering fun lessons to exceptional learners in non-traditional classroom environments. If his decade-plus teaching run taught him anything about sports betting, it’s to stay the course and use the summer – or offseason – to refresh and prepare to be better in the year to come.

Neil’s top pieces of advice for recreational bettors are to stay within your means and to remember sportsbooks aren’t bank accounts. Don’t be afraid to pull those winnings and treat yourself to a lifetime experience courtesy of a big win.

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